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"economic understanding" is a correct and usable phrase in written English.
It is usually used to refer to a person's ability to comprehend or interpret economic information. For example, "With his strong economic understanding, John quickly grasped how the new tax regulations affected his business."
Exact(19)
Seek economic understanding instead.
In particular, it needs to embody some basic economic understanding.
This was John Maynard Keynes's great contribution to economic understanding, and it's a big one.
"UNEP has brought an economic understanding to the environmental agenda," he said in an interview with the Guardian at the UN environment assembly in Nairobi.
Nor are there any voices on the left that can articulate our frustration, due mainly to the dearth of economic understanding among this movement.
Just as lenders and downtown officials had revised their economic understanding of property in these neighborhoods, so, too, had the people who stuck it out there.
Similar(40)
The emerging economic understandings of the energy infrastructure motivate conceptual and methodological innovations in the social sciences, which this paper pursues.
Third, is freedom from want, which translated into world terms means economic understandings, which will secure to every nation a healthy peacetime life to its inhabitants, everywhere in the world.
The answers lie in the balanced socio-economic understanding of the roles and missions of architects and the public.
But the near-meltdown was not so much a failure of capitalism as it was a failure of contemporary economic models' understanding of the role and functioning of financial markets – and, more broadly, instability – in capitalist economies.
As trust influences economic outcomes, understanding the origins of trust becomes a crucial economic question.
More suggestions(14)
economic insight
technological understanding
cost understanding
economists understanding
economic agreements
facilitated understanding
continues understanding
business understanding
long term understanding
economics understanding
businesses understanding
economic conception
economic consciousness
economic intuition
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com